Skywatchers

Analysis

Skywatchers is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in April 1991, 35 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Skywatchers reported income of $344k and spending of $323k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $338k to $344k (+1.7%), an average of +0.4% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Skywatchers sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Christs Kitchen ($344k), Choose Hope Womens Center ($344k) and National Alliance on Mental Illness -New Mexico Nami-Nm ($344k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Other salaries and wages came to $182k. At year end it held assets of $285k against liabilities of $13k, net assets of $272k. It reported 8 employees.